Geojit Finance Sub Broker / Franchise / Partner Review

Geojit Finance Sub Broker Program is known for its exponential sub broker franchise growth in 2017. In this article, we will go through in-depth analysis of Geojit Finance Franchise Cost, Geojit Finance Sub Broker commission & more.

Geojit finance is a fast growing financing services providing company. It has its offices located both in India and in Middle East. The broking house is based out of Mumbai.

Geojit FinanceFranchise Customer Ratings

Geojit Finance Franchise

Criteria

Ratings

Experience

3.1/5

Services

2.9/5

Products

3.0/5

Trading Platforms

3.2/5

Support

3.1/5

Revenue Sharing Model

3.0/5

Security Deposit

2.9/5

Offers

2.8/5

Market Share

3.0/5

Overall

3.0/5

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Types of Geojit Finance Sub Broker

Sub broker or AP

Remisier

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Geojit Finance Sub Broker

Geojit is well known for being very satisfactory for its partners. The sub broker or partner will have to invest to set up an office and will have to handle a social circle. Geojit Finance Partner Program has a brokerage sharing starting with 60:40 & requires a security deposit in the range of Rs.50,000 – Rs.100,000.

Geojit Finance offers various facilities to the sub brokers, these offers are discussed in detail below.

Geojit Finance Remisier

Being a remisier will not cost one much. It will just involve bringing potential client and customers to the company. The Geojit Finance Remisier Model will require only Rs.25,000 security deposit & commission sharing is 25:75.

Geojit Finance Sub Broker Commission or Revenue Sharing Model

Geojit employs a flexible revenue sharing model for sub brokers. The share of revenue generated that goes to the sub broker will depend on how much is the sub broker making in a month, which displays one’s business skills.

If a sub broker is making upto 2 lac per month then sub broker will get 60% of it and the geojit finance will get to keep the rest 40%. If amount generated goes up between 2-5 lakh, then the ratio becomes be 75:25 and if more than 5 lacs it may go upto 85:15.

However for a remisier, ratio is 25:75 only. The broking house will get 75% of the generated income.

Geojit FinanceFranchise Cost or Security Deposit Amount

The initial investment of Rs.50,000 has to be made by the sub broker, but, the total security deposit demanded by the company is Rs.1.5 lacs. Also for NSE and other related registrations a total of non refundable investment of around Rs.15000 will have to be done by the sub broker.

Other cost will include electricity bills, broadband connection, technological infrastructure,etc. Geojit may sometimes bear 50% cost of the investment in cases if the partner is generating a good revenue.